[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

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• 2026.03.04 09:23
• [Kyrgyzstan's Deputy Prime Minister visits Shandong to promote industrial cooperation]
• Kyrgyzstan's Deputy Prime Minister Basarov led a delegation to visit Shandong Province, China, and held talks with Shandong Provincial Party Secretary Lin Wu. Both sides reached consensus on deepening cooperation in areas such as mechanical manufacturing and industrialization of small and medium-sized enterprises. Kyrgyzstan has proposed a plan to build 250 new production lines, covering areas such as food processing and metal processing. Enterprises in Shandong Province will provide equipment and technical support to promote the implementation of production capacity cooperation.Editor/Gao Xue

• 2026.03.04 09:19
• [China Power Construction signs contract for Montenegro Expressway project]
• China Electric Power Construction and Montenegro State Highway Company officially signed a business contract for the MA highway project in Podgorica. The total length of the project is 23.48 kilometers, with a designed speed of 100 kilometers per hour and four lanes in both directions. This is the first general contracting project undertaken by China Electric Power Construction in Montenegro. After completion, it will improve the regional road network structure, enhance cross-border traffic efficiency, and drive economic and social development along the route.Editor/Gao Xue